Volvo to Invest $1 Billion into Torslanda Plant for EV Production

As electric vehicles (EVs) shift to become the best-sold vehicles in the years to come, one European automaker has announced new investments for upgrading a production facility to be more EV-forward. Volvo announced plans on Tuesday to invest SEK 10 billion ($1.09 billion) into its manufacturing plant in Torslanda, Sweden to develop its next-generation of […]